These secured loans for bad credit are loans that are specifically created for people with a bad or adverse credit history and are secured against property. Bad credit loans UK that are also known as homeowner loans or remortgages. A secured loan is a loan which is backed up by assets belonging to the borrower, normally property or vehicle, in order to decrease the risk taken on by the lender. If you don’t maintain your repayments, the property used as security can be at risk of repossession. Because of the decrease in risk to the lender such loans can often be much greater in value Keep Reading >>>